With centralized exchanges experiencing frequent hacks and outages, DCRDEX 0.6 is a timely and crucial development in the world of decentralized finance
Peer to peer exchange is the missing element from Satoshi’s original protocol. Due to this, centralised exchanges have become big business, conducting ‘Know Your Customer’ (KYC) trading that is fully custodial. They operate as an escrow service for their clients, and as such, transactions are not recorded on the blockchain. Over the past few years, this has lead to breaches of security, unsafe storage of information, and loss of funds.
DCRDEX is the evolution of exchange that removes the gatekeeper and brings the original principles of peer to peer cash to the exchange process. With the release of version 0.6 it’s now time to shout about all its exciting features.
This month, Decred’s PR outreach and updates include pitching a news announcement, 6 media opportunities, and securing the following media placements.
Decred announces DCRDEX 0.6 with support for Ethereum and USDC swaps
An article in Invezz about the launch of DCRDEX 0.6. The article was syndicated to five publications, including BitcoinInsider.
Extract from the article:
Decred (DCR), designed to offer an autonomous and decentralised privacy maximizing currency, has announced the release of DCRDEX 0.6.
DCRDEX 0.6 is the latest version of Decred’s decentralized exchange (DEX) platform that improves on previous iterations by introducing direct peer-to-peer (P2P) cross-chain swaps.
Brian Stafford, Blockchain Developer at Decred, commented:
“With centralized exchanges experiencing frequent hacks and outages, DCRDEX 0.6 is a timely and crucial development in the world of decentralized finance…This latest release demonstrates that users can still exchange their funds without compromising the key principles of security, privacy, and self-custody.”
Decred launches DCRDEX 0.6, the latest version of its decentralized exchange
An article in CoinJournal about the launch of DCRDEX 0.6. The article was syndicated to three publications including Crypto News BTC.
Extract from the article:
The new version of the exchange also introduces native wallets for Bitcoin Cash and Litecoin. Just like the Bitcoin and Decred wallets previously available on the exchange, the two newly added wallets are built on the privacy-preserving light wallet technology introduced by BIP157/158. Transact directly on P2P networks, providing a high level of privacy and security while keeping the system requirements and sync times reasonable.
The DCRDEX 0.6 also eliminates the previous one-time registration fee and replaced it with time-locked fidelity bonds. Instead of completely parting with some funds when registering, users will now lock up funds on-chain for a certain amount of time, after which the bond expires and the user redeems it.
Quantum and Cryptocurrency with Jake Yocom-Piatt
@jy-p appeared on the Entangled Things Podcast talking about the threat of quantum computing to cryptocurrencies.
What the heck is Decred & How Does It Protect PRIVACY?
@jy-p appeared on the MineYourBiz Show talking about the current state of the Decred project and its new privacy features.